Shape the Future
Financial Review
The Result of the First Half & Q2 of FY2022
November 4, 2022
Disclaimer
This presentation contains forward looking statements which reflect Management's current views and estimates. The forward looking statements involve certain risks and uncertainties, which may cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments.
2 | November 4, 2022 | G-TEKT Financial Review The Result of the First Half & Q2 of FY2022 |
Reminders
- All amounts are in JPY (unless otherwise noted).
- "Mass Production'' in the context of factors affecting operating profit, means assembly and transmission parts.
- ''Non-MassProduction'' in the context of factors affecting operating profit, means equipment, die and new model prototype.
- North America Segment excludes G-ONE AUTO PARTS DE MEXICO, S.A. DE C.V. (G-ONE).
- Financial statements are available in '' Summary of Consolidated Financial Results for the Six Months Ended September 30, 2022 (Based on Japanese GAAP)'' disclosed at G-TEKT official website on November 7th, 2022. https://ssl4.eir-parts.net/doc/5970/ir_material_for_fiscal_ym11/125601/00.pdf
3 | November 4, 2022 | G-TEKT Financial Review The Result of the First Half & Q2 of FY2022 |
Half-year 2022 Performance Highlights
NET SALES
¥ 154.8B | (YOY variance) | |
47.2% | ||
OPERATING PROFIT | ||
¥ 7.2B | (YOY variance) | |
102.3% | ||
EPS | ||
¥161.46 | (YOY variance) | |
116.5% |
- Sales increased due to the revision of material unit prices and the effect of foreign exchange rates, despite the impact of production reductions at customers.
- The impact of production fluctuations from customers was partially covered by the production effort. The profit increased due to contribution from new orders and improvement in non-mass production margins.
- Due to the positive earning in Q1, upward revision was made in previous FY2022 financial outlook.
(in JPY billion) | ||||||
Renewed | Net sales | Operating profit | Earning Per Share | |||
outlook | ||||||
Full year | 324.0 37.0% | 14.1 29.0% | 267.46 | |||
4 | November 4, 2022 | G-TEKT Financial Review The Result of the First Half & Q2 of FY2022 |
Half-year 2022 Financial Results
JPY BILLIONS - EXCEPT PER SHARE FIGURES | HY-2021 | HY-2022 | YOY variance | Currency effects |
Apr.-Sep. | Apr.-Sep | |||
Net sales | 105.1 | 154.8 | 47.2% | 22.7 |
Operating profit | 3.6 | 7.2 | 102.3% | 0.9 |
Operating profit margin | 3.4% | 4.7% | +1.3% | - |
Net income attributable to | 3.2 | 6.9 | 116.7% | 0.6 |
owners of parent | ||||
EPS | 74.59 | 161.46 | 116.5% | - |
5 | November 4, 2022 | G-TEKT Financial Review The Result of the First Half & Q2 of FY2022 |
This is an excerpt of the original content. To continue reading it, access the original document here.